The evening world. Newspaper, January 28, 1903, Page 6

AS FALL TO BREAK MARKET Hold Firm for Securities in Spite of Raids, but No Ad- fanoes Are Made—Stimulant DEALS ARE PENDING. ‘gpeoulative market needs a stinw- Its lethargic condition to-day re- ‘to yield to local treatment. refusing stubbornly to give w face fractional figures to bear at- @lso fails to advance except in © cases where manipulation is ly reaponaible. \ fs Delieved that when the Vene- n blockade is officia¥y raised and end of the embargo proclaimed the tia now obtaining will be replaced eres activity. fe is delays incident to settle- t @f questions through diplomatic are looked for, and these in have & depressing effect. are still holding aloof market. They assert that ‘big conporate deals are pending ‘will require many millions to As in the case of the Pennsyl- which reised $85,000,000 recently, are to be served first street waite, of the early selling was inspired it pressure from the big bear wh, ‘The bears had been planning a Ted on prices, which temporarily fe ‘be nostponed because of the lon in copper. The so-called aMorf-Astoria crowd wes in sympathy bears and was to gain in the x ur whether ithe Gtandard Oil was in any way identified with § copper movement and afraid to hances on it, the bears held off and Row and then tried brief dashes weak stooks. issues were decided favor- to-day's speculation. The ban mn off the industrial Het and Yorders for dividend payera were increasing. United Sta wtocks, Pressed Steel Car, the ispues, Rock Ieland and Wis- “Central showed increasing ac- eras nt in May wheat at leone activity in foe aserted t erlal): ere reosrd wil "be Faraate i far in Janua! 3 the vex. as v2 for the same it back to-day some of 0 gold jast Friday and . Thelr change or market posi- | 1g due to thelr belief that the mar- is billed for a sharp rise as soon as litions grow better, Beers to be settled that the market cgnndt be depressed much lower sensations! developments to on, As known conditions do not it the expectation of any bad @peoulators take the ground that mhust advanc y's most important feature di- ly affecting the market was the con- on of the big bull movement in d Copper, It was started the. ‘Lawson a@roup at Boston, but y enough was quickly taken up and the room traders trailed in so that the original movement had ‘opposition. eatly all the opening stock taicsn ance of 1-2 per cent. y's Solose. was’ bought by tr: 4 the large professional orders did hot reach the market ‘a halt hour, * Advences In the international list were , ranging from 1-2 to 7-8 for the tve issues, and the buying from Lan- wes conéidéred exceptionally good. character denoted absence of any tle feéling over the Venesuelan it, and wes naturally reflected in market list here. t somewhat disappointed at pee ‘of the money market in Lon- St emperts here predict con: ‘ease in money matters until the ne, en the rates to bevmtitt enough. to Als- wpeoulative operations for y THE WORLD: WEDNESDAY EVENING, JANUARY 28, 1903, TECTIVE WHO EXPOSED THEIR ALLEGED PLOT TO SWINDLE CITY. WALTER SAWYER. (Continued from First Page.) duced and Sawyer found the men to personate them, “That is my understanding of how the plotters worked. The tax assessors had no means of knowing whether the perjurer was the man he sald he was. I do not see how any one can criticise thelr methods. They have followed the same routine adopted years ago.” Mr. Jerome refused to tell all that he knows of the case. Hach prisoner had a considerable amount of money when ar- rested. Baer, it was sald to-day, had $700 or $900 and the others had similar amounts, Tt is estimated that members of the wang made from $12,000 to $15,000 each @ yoar by the tux swindle, In the case that was “planted for them, that of Monroe B, Bryant, a Maiden lane jewel- ler, who through a county deteotlve had his asseasment reduced from $80,000 to 910,000 the gang got $700, half of the amount which the taxpayer saved. Of this only $16 was paid out. Five of that was given for the actual perjury. Philip Baer, City Hall Librarian, was suspended to-day by City Clerk Scully, who temporarily Installed George H, Ott as Ibbrarian, Baer had gong, early to the City Hall. His first act was to smash open his private desk. His keys had been taken from him when arrested yesterday and they were not rejurned when he was released, Baer borrowed a chisel from a work- man to break open’ the desk. Whether Baer removed any papers or documents Was not learned. “THE CLOSING 4.100 Am, émett 100 Am, Snuff ‘pf. 1,100 American Sugar. 400 Anaconda Mint a 400 Baltimore & 100 Baltimore a Otto ‘pt, 400 Brooklyn Rapid Tran. z RSSRES = FSF; ———_ oe : = NGRERSES ITS CAPITAL. Meelipele ‘Trast Authorizes Twi Saal Millions More. “Whe Eauitable Trust Company to-day fits capital stock trom $1,000,000 which will give the com- § and undivided profits of Fert Gommpany will issue 20,000 shares at $00 per share to stock- @8 Soon as the plan Is com- SHIPPING NEWS. Ry. Steel Spring’ pt:; Reading scree 7} SBLSa= ra DETECTIVE SECORD. NATHAN P. SPRINGER. PHILIP BAER. atreet, h Armour run to cover came when ft dfa. from gratn, prices everywhere and held up the out- Canlel G. ously estimated from. SOL SPRINGER, LOCAL PLUNGERS WINNERS ON WHEAT Breaking of the Armour Corner Brings Fortune to Three New York Dealers Who Were Short ‘The broader nature of to-day's trading in the stock market !s attributed by Wall street almost entirely to the break- ing of the Armour corner in May wheat at Chicago. It was a fortunate thing for Wall say market experts, that the In his manipulation of a dong line of 16,000,000 to 20,000,000 bushels of the Chicago operator stiffened flow of wheat. This was especially notable here, where, though only a moderate short in- terest extated, the export trade wus be- Ing badly crippled. ‘Three prominent grain firms with membership in both the Produce and Stock exchanges, were heavily short of May wheat, and made about m) each scollapse in prices in Chicago. anel Ge Heid, Chairman of the Rock ‘ad Board of ‘Direct is reported to cleared a handsome pro! = mane 7B. 000 "to $100,000— in his operations in the Armour corner, while others of the Western group made handsome profits, QUOTATIONS. | Shara. High, Low, Clos, Am Spirits 60 98" 600 Rep. Steel ,... 2) 20% 20% Ke: * 38: 2,400 Glock Toland” Te ee ea ee sen de z a y av % gen 1100 foe He Me BS! Aatad..c.s.c 108% ga ,. 4% 2 Vs i i 93 i 61% 1800 8 oe 4609 Bouthern aalinay 2 Be it Hiway pt. 38 1 12,800 rota " als Maan Ps fe a Ht) 2 Ay 1 a * 108 Th 1,800 Brunewick 1000... vere ne 4:200 Can. Pacis eh Dut @ 8 @ At be 1 aie é we # Fal Blect Tt oe 300 nic. G. i Ny lm BA i) ~ wis Mm 12 MN TM » bs ‘The total eales of mocks were 291,800 shares, 45% 4h HF Consolidated Exchange fnles, “lout B High. Low, Clos. MN 60% «GN (OH 3 Fd 404 Se 14 4% 126% BM) F} I a W000 oe 108% ha AY] cue, wi oi Pawn Mapa RY te i cit ae v Oo gt ev ink Ge N 181 18M i : TAR | 0 He gt ds 4 Fe 69S 12H 198 ie TOG 106% 108 MMs) ned @ Gy BIN 10 |e RY Pe TR J) Southern Pacts . UN B OM ‘a | Southern Railway pe.) J q ys 88% | Tenn, Coal & Iroo ¢ 63% ‘Texas Pacifio , bri Dy ‘Fhe toiat'saina’ ot shocne ere 08.700 shares The Wheat Marke It was evident from the actions of wheat in the local market to-day that traders atti! lacked confidence on the bull side, After ten minutes of weak- ness at the start scattered covering checked the decline here and led to @ partial recovery. Corn opened steady with fair trade tn aay and duly. erable volume. ‘The general demand on @ large scale, bulls showing Seclted atrength e' weather thro: the Bouth Is wet. Port receipts to estimated at’ 2,000 bales, agal Dalos Inet ‘Year, After the call, advan still farther on con heavy buying orders from ail The opening prices were BOND TRANSACTIONS. NY Dock Co 4s 1000. 1% 1000... i N'Y Gee Bi Hw P 4 Esssssssss5 FEE CEP EEE Total wales of bonds (par value) ware $2,181, 0, Government Bonds, Bid, Anked, | VU. 8 mer 0 if coup .. ao" “ait U, 8 dec. 2 bY ph B day Fh AY Hy Tee. aw a fe Be cone ite be re : HS i .m = 1 ms mi [D.c. Oke Ba ‘rd BRE to BAB: ruary, § 18 to pa “March, 8.82 to BAS; As tas it: dune Aas to Bat” ow fe TO CUT TIME TO ’FRISCO, ‘bid; March, 661- Sia May July, tba bid; Geptember, "s closing pri ——— ‘The Cotton Market, ‘The local cotton market opened firm with were: Wheat “ ‘Corn—Janu- i Ju abe: August, ‘ae to 8.67; Ideptoniber 8.26 ate Catach Sm. Pr, Ty, larch, 8, HA cy Harriman Plans Huge Taanel for that Parpose, Edward H, Harriman announced to- dey that plans and surveys have been ordered for @ tunnel through Blorra Nevada Mountains In Placer County for the Southern Pacific, It 4s to form an important part of Mr, Harriman's scheme to straighten the old Centra) Pacific line, ‘The tannel will cost $16,000,000, and with other improvements will reduce the time to the coast. LONDON MARKET FIRM. Prices Up im Americans, with General Tone Bieady, ‘The London market to-day displayed an all round improvement, wae moderstely @otlve and Une M. were: Feb- May, 6.9; July, POTTER MAY CAUSE STRIKE. the Storm Centre of SCHENBCTADY, Jan. &—At « spe- es meeting of Local N Brothe: a poet of faiptee, and Recoretpre, thos lore the Tra bly vo “tne ch “ i the d a UL , % m the batt gctady 1-3 bath th’ the tie “rm ‘of were fairly active and a shade in ad vance of yesterday's final figures. In the department for American rail: erate soale, with prices generally advance of the closing New York, and later harden. yesterday a prices were a CURB MARKET FIRMER. better quotations than yesterday's clos way securities trading was on a mod- in The general tone was firm inclined to The outside maritet opened at slightly Quotations for the active stocks were: LL THE LATEST NEWS OF THE BUSINESS WORLD.| FOUR MEN UNDER ARREST FOR TAX FRAUDS, AND COUNTY DE J, W.-GATES BUYS ANOTHER RAILWAY It Runs from Macon, Mo., to-St. Louis, and Will Make a Very Neat Toy for the Plunger. John W. tes bought a railroad to- day. It Isn't a stem-winder, 18-karat, split-second article like his Loutsville & Nashville purchase, and he won't make $11,000,000 financing it. He won't be able to turn it over to J. P. Morgan & Co., but he can give annual passes on It to his friends and thus © much pleasure in being a rallwi “magnate.” The road ta the Lowa and Missouri, Tt controls the Iowa and St, Louis Railway now being built from Macon, Mo., to St. Louis, and this is why Mr, Gates ‘bought It. He was created a director to-May, At the same time his associates In the pur- chase, John Lambert and John J. Mitch- ell, were also elected to the Mrecturate, ———— STEEL EARNINGS GROWING. earnings for the month of January will be much larger than the estimate of $6,000,000 for December. fhe January figures ceed $9,000,000, which $8,900,000 last year. Because of the various additions and improvements to plants the production of the Trust will be larger this year than last year. a Officials estimate that the net carn- ings for the year will exceed $145,000,000. ERIE NOW RAISES, WAGES. An increase of wages of Erie switch- men went into effect yesterday. All along the Erie system day men who recelved $2.10 have been raised to $230 a day and night men from $2.20 to $2.40. Firemen of yard engines receive $2.76 for day and $2.8 for night ones ‘Trackmen have been raised 5 ates ‘The wage ecale of all ‘Sther employees. will be raised in a few days. BIG ROCK ISLAND EARNINGS. The Chicago, Rock Isiand and Pacific Railroad Company, in its report for December, shows gross earnings of §8.- | 96,957 and net earning of $1,325,004. From July 1 to“Dec. 81 the gross earn- ings were $23,606,497, while the total net income was $10,060,877. This indicates that the c earning over 12 per cent. on its co! mon stock, BRONCHITIS We Know Is Hard to Control. are said to ex- compares with is ‘com. Our Vinol Is Making a Won- derful Record in Curing This Dangerous Disease, CALL AND LET US TELL YOU) ABOUT IT. Here is a letter thet has just come to our attention, It will interest peo- ple suffering from bronchial troubles, It is from Mr, Geo. W. Brown, of So, Hanover, N, H., and reads as follows: “T have suffered with bronchial troubles for over a year; tried two doctors and have taken three or four kinds of medicine, none of whioh did me any good, At times 1 was so hoarse I could not speak. Then I heard of Vinol, After taking three bottles of it my voice has perfectly returned to me, I can see that in a short time I will be all right. When I began to take it I was very weak, but it has built me up and given mo good appetite.” This is what Vinol always does. "This is the way Vinol accomplishes its mission of doing good, Vinol, as we wish every one to know, owes its power of accomplish- ing the cures that it effects to the fact that it contains the most wonderful medicinal elements known to science tor the cure of all wasting diseases, as well as being in itself a marvelous tonic, These medicinal properties exist and have heretofore been found Oppenheimer Institute ‘Has ‘recently enlarged its capacity and is now ready-t6. i meet all demands for treatment of cases of alcoholic: intemperance and drug addiction. ’ For information as to terms or treatment, apply in_ pers | 45th Street, New York City. to the Executive Offices, New York, Jasens Hi, Atexayors, Formerly Vice-Prest- dent Standard Oil Ci Daninu Arrusto, Bpibliaher, New York H.H. Ariturtox, New York Josn Avmar, Lawyer, New York Lunoy W. Batpwix, President Empire State ‘Trust Co., New York Anciter Brows, Rogers, Brown & Co., New York Cianues R. Brows, Banker and Broker, ‘New York Gronce S. Davis, Formerly Manager Parkes Davis & Co., Mig. Chemists, Detroit, Mich. ite. ADVISORY Rev, Cantus H- Fowisn, D:D. Lt.D., Bishop Methodist Episcopal Churcn Bev. ofan C. Perrem DD ele Bishop ‘of Protestant Episcopal Rev. Gronce DANA, Poasouan, Di D., LL.D., Baptist Church, Philadelp! : Rev, 5. Parkes Capman, D.D., LL.D., Pastor ‘Central Congregational Church, Brooklyn Rev, Rosert Cottyex, D.D., Pastor Messiah Unitanan Church, New York Rev, Russsu he Coxwnut, D.D., President ‘Temple College, Philadelphia | ‘ Rev. P. §, Hexsow, D.D., LL.D., Pastor Han- January Returns Show a Big oe Fade Dati Bookie Increase, Rev. Jonn J. Hucues, Paulist Fathers’ Church Offictals of the United States Stee! ‘St. Paul the Aj igor New York Corporation announced. to-day that the| Rev, ‘madiomss. B D. Rey. Mapison C. Perers, D.D., Immanuel Bap- tise Charch, Baluimore son to the Superintendent, at the Institute, 131-133 West . For literature and general information, apply by mail Room 210, 170 semi DIRECTORS: Syivaster T. Evererr, Banker, Cleveland, One, ‘Cant H. Fowcar, Carter, Hughes & Dwight, Ne Gronce Ha.por Attorney, Butte, Mom, Outer H. L. surgeon, Detroit, Mich. oun MacGinw ie ‘President Unit Jone MacGuvviss ice-President United Copper Cay. Kenner K. McLannx, Corporation Trust Con of | ‘New Jersey Isaac Orrennetamr, M.D., Surgeon, New York Dwicnt W. P Panves, ‘Assistant Treasurer Ly $. & Laonanb W. Swit, Wholesale Jeweler, Now Yodk | 2 DIRECTORS: Rev. J. B. Price, D.D., Pastor First odtst Epes) bia Church, Yorkers os oe Major-General of the United ey M. Derew, Unit Sena Case NOYRE Tce ete tod | Hon. Lywav J. Gace, ex.Secretary U. 8. Treasury | Hon. Mancta A. Hanna, U, 5. Seuator from Obie Hon. Knute Netson, U, S. Senator from Minnesota Hon, Ronert E. Parrison, ex-Gov. of Pennsylvania Hon. H. C. Pays, Postmaster-General of the U. 8. Hon. Lesttm M. Sitaw, Secretary of U. S. Hon. Cnantes Emory Swit, ex-Postmaster. Hon. Ws. A. Stoxx, Governor of Pennsylvania Wuarton Barker, Capitalist A. H. DeHaven, De Hav ‘ownsead, Watson GGumee eS bad D.O. Mitts, Capitalist, New York TRIMMED HATS for wear at Southern resorts, also Demi-season styles, consisting of Chiffon and Maline Hats, alsostraw combinations in effective styles and at Moderate Prices, » «© «a oo —EEE eee Dollars Pared From. Suit @ Overcoat Prices ’Tis a sale rich with the possibility of freat money saving. Nota garment inthe t which has not suffered a big price re- duction. Suits and Overcoats that were selling all season at $25, $20, $18 and $15 reduced to $]]-75 The best of em now at your pick—byt they won’t be for long. WM.VOGELS&SON BROADWAY, HOUSTON ST. Banking and Financial. HAIGHT & FREESE CO. IF YOU NEED 4N OFPICH BOY OR 4N ERRAND BOY, An aD. IN THD 6UNDAY WORLD WILL GIvE STOCKS, “BONDS, Gauin * COTTON. We will be pleased to send you upon request ‘our 400-page cloth-bound illustrated “GUIDE TO INVESTORS," also BTOOK AND COTTON MAR- KET LETTERS, Iewed gratis. m The World’s Harlem Office Is~Now Located: at 211 West 125th Street, only in cod-liver oil, Vinol contains these elements. For by a scientific process the necessary curative prop- erties of the cod-liver ofl have been separated from the fat and grease which formerly made cod-lHver oll preparations 80 objectionable, As long as Vinol does not contain any of the vile-smelling oll, and is prepared by combining the sought- after properties with a delicate table wine, it is a most delicious and pala- table preparation. 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